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"Urengoy - Pomary - Uzhgorod" pipeline to be modernized
11.11.2014 15:23 "Agro Perspectiva" (Kyiv) —
Funds for this project (in total about US$200 million) will be provided by the European Bank for Reconstruction and Development, NRCU reports.
As to the report, the project will be implemented by the operator of the Ukrainian gas transportation system «Ukrtransgas», 100% of which is owned by «Naftogaz Ukraine».
Reportedly, the total cost of the project is US$600 million, with US$200 million to be provided by the European Bank for Reconstruction and Development and US$400 million by the international credit and financial institutions.
It is to be admitted, the pipeline «Urengoy Pomary Uzhgorod» is a key part of the Ukrainian gas transportation system of supply of natural gas from Russia to Europe and the reverse gas supplies to Ukraine from the European Union.
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